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Latest Business News

IMF nominates Lagarde to second term leading agency

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WASHINGTON (Reuters) – International Monetary Fund chief Christine Lagarde has been nominated to second term as the agency’s managing director, the IMF said in a statement on Thursday. …read more…

U.S. jobless claims fall back to near cycle lows

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WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell more than expected last week, suggesting the labor market remained on solid footing despite slowing economic growth and…

Daimler to invest $2.9 billion for next generation diesel engine

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FRANKFURT (Reuters) – Daimler said they will spend 2.6 billion euros ($2.9 billion) by 2019 on developing next generation diesel engines to help the luxury carmaker meet new pollution measuring…

Delhi to revive car restrictions in effort to clean air

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Drivers in New Delhi will be hit with severe driving restrictions for the second time this year as the world’s most polluted city attempts to improve its air quality. …read…

Google’s Europe boss doesn’t know what he is paid

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Read full story for latest details. …read more Via:: Google’s Europe boss doesn’t know what he is paid

Poor earnings and Sweden’s rate cut slam European banks

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The rout in European banking shares has resumed. …read more Via:: Poor earnings and Sweden’s rate cut slam European banks

Futures slump as global growth worries resurface

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(Reuters) – U.S. stock index futures plunged on Thursday, with risk-averse investors piling into safe haven assets as another sharp fall in oil prices and cautious comments from Federal Reserve…

Millennials are failing to save for retirement

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Millennials are failing to save money and put something aside because of the rising cost of living, according to experts. …read more Via:: Millennials are failing to save for retirement

PepsiCo revenue beats estimates as North America sales rise

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(Reuters) – PepsiCo Inc reported better-than-expected quarterly net revenue, as higher sales of snacks and beverages in North America helped reduce the impact of a strong dollar. …read more Via::…

Thomson Reuters expects revenue growth in 2016

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(Reuters) – Thomson Reuters Corp said on Thursday it expects its revenue to grow by low single digits in 2016. …read more Via:: Thomson Reuters expects revenue growth in 2016